The Miami Heat elected to roll with Tyler Herro instead of trading for Washington Wizards star Bradley Beal primarily due to fiscal reasons, according to NBA insider Zach Lowe of ESPN.
The Heat were linked to Beal in trade rumors this summer. A deal never happened, though, and Beal was eventually traded to the Phoenix Suns. Now we may know why.
On the October 13 episode of The Lowe Podcast, Lowe said the Heat didn’t think Beal was “$30 million better” than Herro.
Beal inked a five-year, $251 million supermax contract with the Wizards in 2022. He’s set to make just under $47 million this year and over $50 million in each of the following three seasons. Herro’s salary is $27 million in 2023-24 and won’t get higher than $33 million per year over the next three years. It’s clear Herro is more affordable, but age was likely a factor as well.
“I think that was a vote of confidence in Tyler Herro,” Lowe said about the Heat’s refusal to deal for Beal, via Bleacher Report. “From what I heard, the Heat looked at that situation and said ‘We don’t think Bradley Beal, who’s … seven years older than Tyler Herro, is 30 million dollars better than Tyler Herro going forward. We just don’t think the upgrade is worth it.
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